Embrace Home Loans names regulatory affairs director

by Francis Monfort04 Jan 2018
Benjamin Giumarra has joined Embrace Home Loans as its new director of regulatory and legal affairs.

Prior to joining Embrace Home Loans, Giumarra served as director of Spillane Consulting Associates. In addition to serving as the company’s regulatory advisor and business consultant, Giumarra led a team of experts with specialties including mortgage technology, secondary markets, compliance auditing, operational efficiency, strategic development, and more.

“I’m humbled by this opportunity,” Giumarra said. “Embrace’s values closely align with my own and serving in this caring, and professional environment will be extremely fulfilling. The authenticity and depth to which Embrace has adopted its core values make Embrace unlike any other company I’ve ever come across. From a compliance perspective, the people and practices in place have kept Embrace, and their customers, safe for many years, which itself proves it is a tremendous success.”

“At Embrace, we are committed to bringing in the very best leaders, and Ben is an example of that,” said Peter Microulis, chief compliance officer. “We are extremely optimistic of Embrace’s future and strongly believe that attention to compliance – not as a protector of the gates, but rather as a driver of procedures, and as a conduit for profits – is a key milepost on that highway. With Ben’s expertise in legal, regulatory and enterprise risk mitigation within consumer finance, he will be a true asset to our organization.”


Related stories:
Embrace Home Loans grows Assisted Correspondent program with new appointment
Embrace Loans opens first NYC office
 

Poll

Should CFPB have more supervision over credit agencies?